Four of New York City's five pension funds have voted to invest $500 million in areas affected by Hurricane Sandy, according to city Comptroller John Liu, with the fifth expected to follow suit.
Liu: Pension Funds to Invest $500M in Sandy Work
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY